SAN FRANCISCO, August 27, (THEWILL) –  The Central Bank has issued a directive to licensed bureau de change operators to sell dollars to customers at the rate not higher than N386 – $1.

The directive was communicated to the licensed operators in a circular dated August 27, 2020.

In a second circular to the general public, the regulation also confirmed it would resume sale of forex to licensed operators on August 31, 2020.

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